Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: jhw888 Two stars, 250 posts Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 140  
Subject: Re: More details -- Buy the Puts Date: 6/12/2006 5:49 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Thanks for posting your toughts & research.

Things don't sound very good for JOE at the moment or possibly for awhile. Where I live RE firms & having a really hard time closing sales becuase no one except 1 firm is writing ins & can't get a mortgage w/o ins so lots of sales are at a standstill. People here don't even have the option of paying 2-3X more they just can't get the ins - no new policies being written - at least until someone ins co decides to take on the risk for very hi premiums.

I bought JOE in the low 30's so maybe that's where it's going for awhile as longs as i-rates are hi & going higher & hurricane season is here to stay for the next 6 mos.

Have considered selling, taking my profits & then buying back when it's done but I try to be a LTBH. Oh well.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement